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Citigroup Business Analyst - CCR XVA - Vice President in Tampa, Florida

Given heightened expectations from regulators and a goal to build a strong and consistent global control environment, Citi continues to enhance its business governance framework and has created the Enterprise Data group. Enterprise Data is a critical component of Citi’s first line of defense for wholesale and counterparty credit risk management and works with Independent Risk teams to ensure best-in-class risk and controls, as well as client responsiveness. Key responsibilities of the group include credit analysis, documentation, risk identification, exposure monitoring and stress testing. Enterprise Data coordinates with credit management groups across institutional client businesses to ensure full alignment on business and regulatory goals, as well as consistency and best practices.

The Counterparty Credit Risk (CCR) Product Development team within Enterprise Data is responsible for building tools to a) provide in-depth quantitative or qualitative analysis to solve business problems and develop new, innovative solutions b) build tools to help measure, monitor and control counterparty risk for institutional clients and c) portfolios and businesses, with a focus on counter-party and collateral risk to ensure the risks are being properly measured and controlled in accordance with the Firm’s risk policies.

Responsibilities:

  • As a business analyst for Credit Value Adjustment/XVA (CVA, DVA, FVA, FVL) workstream, the responsibilities will include working closely with business and risk managers to understand their priorities, building the book of work and defining business requirements for BAU and Regulatory projects, enhancements and production fixes

  • Perform impact analysis and data analysis to understand the impact of requirements and system changes

  • Manage all aspects of projects including remediation and escalation of issues and risks and provide status updates to management

  • Maintain and track issues impacting XVA coverage via full reval and credit fallback

  • Work with all stakeholders to fulfill the delivery objectives for effective, accurate and timely risk management and reporting

  • Partners with senior team members and a widely distributed global user community to define and implement solutions

  • Help track and address CCR data and methodology issues, develop weekly metrics and remediation plans for system enhancements

  • Develop and enhance tools for the measurement, monitoring and reporting of counterparty exposure metrics associated with this workstream

  • Work with technology to understand infrastructure gaps, systems, and data flows. Identify and document gaps and suggest improvements for target state build-out.

  • Communicate key findings and issues to senior management and provide regular status updates

  • Create presentations and documents for internal and regulatory use on various topics including, stress methodologies, and summarizing XVA coverage issues

Qualifications:

  • 5 to 7 years experience in the financial industry and banking

  • Direct experience in end-to-end project delivery, preferably in product development, and knowledge of various analytical tools

  • Prior experience with CCR Metrics and/or Market Risk data


Job Family Group:

Product Management and Development


Job Family:

Product Development


Time Type:

Full time


Primary Location:

Tampa Florida United States


Primary Location Full Time Salary Range:

$103,920.00 - $155,880.00

In addition to salary, Citi’s offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.


Anticipated Posting Close Date:

Nov 11, 2024


Citi is an equal opportunity and affirmative action employer.

Qualified applicants will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

Citigroup Inc. and its subsidiaries ("Citi”) invite all qualified interested applicants to apply for career opportunities. If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi (https://www.citigroup.com/citi/accessibility/application-accessibility.htm) .

View the "EEO is the Law (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/eeopost.pdf) " poster. View the EEO is the Law Supplement (https://www.dol.gov/sites/dolgov/files/ofccp/regs/compliance/posters/pdf/OFCCP_EEO_Supplement_Final_JRF_QA_508c.pdf) .

View the EEO Policy Statement (http://citi.com/citi/diversity/assets/pdf/eeo_aa_policy.pdf) .

View the Pay Transparency Posting (https://www.dol.gov/sites/dolgov/files/ofccp/pdf/pay-transp_%20English_formattedESQA508c.pdf)

Citi is an equal opportunity and affirmative action employer.

Minority/Female/Veteran/Individuals with Disabilities/Sexual Orientation/Gender Identity.

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